Author: Pesa Today

Power –Electricity supplier Kenya Power and Lighting KPLC has announced plans to dispose at least 2000 fossil powered vehicles so that to bring on board new ones. This is a plan that will see the KPLC buy electric cars as well as retrofitting electric engines on existing flee of vehicles. This, according to the management, will help bolster company’s mobility and efficiency in its service delivery amid changes in the way the world is doing business. Acting Managing Director Eng. Geoffrey Muli made this announcement during the opening session of the inaugural e-mobility conference, an event bringing together stakeholders from…

Read More

Fraud –A Nairobi court has awarded former Betika employee a whopping sh 12.5 million in compensation. The Employment and Labour court under Jacob Gakeri, awarded the ex-Betika technology boss, Gitonga Njangi, his full dues. While making this ruling, the judge declined to grant Shop & Deliver Ltd trading as Betika their prayers of withholding two-thirds of Gitonga’s terminal dues after his dismissal. “I find that withholding of Gitonga’s terminal dues by Betika was unjustifiable in law, and the avenue user to seek relief lacked the necessary anchorage, the application is unsustainable and is accordingly dismissed with costs, “the judge ruled.…

Read More
Tax

Taxes –Senator Tabitha Karanja has blamed the Kenya Revenue Authority KRA for interfering with the smooth flow of her Keroche Breweries empire. Speaking about this on Sunday February 5 morning, Ms Karanja argued that her company now cannot access bank loans after KRA accused them of tax evasion. She seized the opportunity to ask the current government of William Ruto to help resolve all state captured businesses. According to Karanja, State capture is behind the long-running multi-billion-shilling tax case with her Naivasha-based firm. The company has been facing month-long closures over the past years; add effects of Coronavirus and this…

Read More
Tax

Banks & Tax –Nairobi-based NCBA Bank which is reportedly owned by the Kenyatta family has promised to settle any outstanding tax arrears with the Kenya Revenue Authority KRA. Speaking on the matter which has since been politicized, Managing Director John Gachora said that they will abide by any court ruling against it. The MD Clarified that the management of the bank was more than willing to pay any withheld tax of any amount without questioning as long as due process in followed. The bank said it is willing to part with the claimed sh 350 million waiver they were accorded…

Read More

Loans –Those who will default to repay their Hustler Fund loans will permanently lose their accounts. New repayment terms have been introduced. Addressing today Friday February 3 in Nairobi’s South C where he was commissioning the new Police Sacco Stadium, President William Ruto encouraged those wishing to borrow from the kitty to be honest with their intentions since lack of repayment could lead to one losing his or her account. “After more than 30 days of default, the borrower loses all the credit scores accumulated and the Hustler Fund account is frozen,” Ruto announced. In his speech, the head of…

Read More

Business –Supermarkets are places where people visit to make quick purchases mostly in the evening and weekends. The advantage of making purchases in a supermarket could be access to variety of items and self-service; and it is through that process of walking around the corners of the market that one can see an item he or she could not have remembered to buy. Supermarkets also offer after-sale-service including warranty offers as well as credit card points that clients can convert later on after accumulation. The only risk with supermarket items is the availability of expired products especially if the supermarket…

Read More

Online -Websites have become the main marketing platforms for every business; with thousands of sites being constructed daily. These websites come in many forms e.g organization websites, eCommerce websites, blogs et Cetera. Therefore, what does it take to have and run a commercially viable website anywhere? The good news is that, all over the world, websites cost almost the same. But only defer in charges due to other modifications and specifications one can admire to have. That said, a website will require a web developer, buy a responsive theme, domain name, hosting company among a few other things. These, fortunately,…

Read More

Accounts –Deputy President Rigathi Gachagu’s seized sh 200 million has been refunded by the State. The sh 200 million which had been forfeited by Uhuru Kenyatta’s regime claiming it was proceeds of corruption has been found to be clean money out of hard work. Gachagua’s Lawyer Kioko Kilukumi and the Asset Recovery Agency ARA, reached an agreement to settle the matter after new evidence in his favour emerged. And today Wednesday February 1, the Court of Appeal vacated all orders of the High Court that had declared the millions as graft proceeds. In June last year, Justice Esther Maina ordered…

Read More

Accounts & Courts –The Kenyan young lady whose millions had been frozen by the Asset Recovery Agency ARA today got a reprieve after government accepted to open sh 113 million her accounts. In an exercise that took place at the Nairobi Milimani anti-corruption Court, the ARA using lawyer Mohamed Adow requested that the money be refunded to the girl for lack of enough evidence. Ms Tebby Wambuku’s accounts had been frozen when it was realized that a Belgian national by the name Marc De Masel had been wiring millions into her local bank accounts for unknown reasons. Asked by detectives…

Read More

Digitization –Kenya Kwanza administration has changed its official operations from manual to fully digital. Chairing the process launched today Tuesday January 31 morning, President William Ruto stated that the only way his government was going to be efficient in service delivery is through digitization. The first paperless meeting session was conducted today at Statehouse Kenya chaired by President William Ruto. “Kenyans will be able to access government services from anywhere, from their home or offices, without having to go unnecessarily to government offices and wait in long queues,” Ruto noted. Photos would then be shared by the Presidential Communication Service…

Read More